International agency Fitch reconfirms Bucharest's 'BBB minus' rating, with a stable outlook, given the city's performance and debt level.
Emese Grancsa
Current Affairs
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Fitch notes that Bucharest has an 'a' credit profile, reflecting a 'medium' risk profile and an 'aa' financial profile. However, the city is exposed to refinancing risk due to a large amount of debt to be repaid at maturity. An upward revision of Romania's sovereign rating could lead to an upgrade of Bucharest's ratings.
Sources
Fitch confirmă ratingul Bucureștiului la "BBB minus", cu perspectivă stabilă - Economica.net
Fitch confirmă ratingul Bucureștiului: Credem că are mult mai multă flexibilitate decât alte municipalități din România
Fitch confirmă ratingul Bucureştiului la
Bucureștiul a fost evaluat. Ce rating a acordat agenția internațională Fitch
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